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Live, Laugh, Colonel Kurtz's avatar

Stalin: "Let's wrap this up, they ain't gonna kill themselves. "

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Melody Wright's avatar

Those forbearance solutions and payment deferrals are how we hid the fact that a great deal of equity has just been withdrawn from millions of mortgage borrowers. I’m trying to find out how that 2nd lien is currently being reported to the Fed. I have a feeling we may not be looking at a true picture of mortgage credit. To do that with cars is just ummmmm - bad. We are in for one hell of a headache.

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